Bangladesh Central Bank Maintains Policy Rate Amid Inflation Concerns

Bangladesh's central bank has decided to keep its main policy rate steady at 10% as of Monday, ahead of the national elections scheduled for this week. Bloomberg posted on X that the decision comes in response to ongoing high inflation in the South Asian nation. The central bank's move aims to stabilize the economy while addressing inflationary pressures. This decision reflects the bank's cautious approach in managing economic challenges during a politically sensitive period. The unchanged rate is intended to support economic stability as the country prepares for the upcoming elections.